The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points amid cooling inflation and a weakening labor market, marking the first rate cut in over four years.
Produced by Xinhua Global Service ■
Source: Xinhua
Editor: huaxia
2024-09-19 08:05:17
The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points amid cooling inflation and a weakening labor market, marking the first rate cut in over four years.
Produced by Xinhua Global Service ■